Value AdeIed Tu (Tu In~oitt) RfPlatlons. 1994

L.N. 162 of 1994

VALVE ADDED TAX ACT. 1994

(ACT NO. XII Of 1994)

Value AdeIed Tu (Tu In~oitt) RfPlatlons. 1994

IN EXERCISE of thc powers confcrrcd by IICclions 39 an d 61 of Ihe

Value Added Tax ACI . 1994. he reinaflcr refcrred to as ~Ihe Act ~. lhe

MiniSler of Finance hu made: the following reguJ.alions:-

I. ( I) Theseregulationsm ay hecilcdastheValueAddedTax

;;;;;;;;;;;"... (Tu Invoice) Regula tions. 1994.

(2) These regulations 511all come into force on IlIe ISI

January. 1995.

Terms used in tllest regulations sllall, unlcss the context

otherwise requi res, have Ihe s.ame mean ing assigned 10 them in the Act.

Savt: lIS tile CommiS5ione r may otllerwisc allow. a documenl

sllall not constitute a tax invoice unlcss it is legible and uoless all tile

partinllars required by these regulations are properly and fully Slaled.

Savinl the provisions ofrelulation 60f these regul ations, a tax

invoice shall contain Ihe following paniculars

(al an identifying numbe r of tile invoice;

lhe date of the supply ;

(b)

(e) the name. address and Value Added Tu registT1'ltion

number of the supplier ;

(d) the name. add ress and Value Added Tax registration

number of the person to whom Ihe supply is made;

(e) the type of the suppl y by reference to the categories listed

in regulation S of these relulalions;

(t) I description su fficient to iden tify the goods or services

supplied;

(g) for each description. the quantit y of the goods or the

U lenl of the services, the rote of thc tax chargeable thereon . and

the price payable upressed in Maltese liri , excluding lax;

(h) the lotal price payable expressed in Maltese liri. before

Iny cash discounts and excludi ng tu;

the rale of any ~h diSOO\lnt offe red

(i)

(j) the amount expressed in MaltellC liri of tax chargeable at

each rate and the rite so charleable;

(1<) total amount of tu chargeable expressed in MaJtese liri.

The categories referred to in paragraph (e) of regulation 4 of Coo ...... 01

tllese reg.·Jations are

(a)

a supply by sa le;

(b) a supply of goods under IlIire-purcllase agreement or in

termsofwllicll the ownersllip of the goods is deferred;

(c)

a supply on lI,re;

(d)

a supply unde r a contract of excllange;

(e) a supply of goods made from materials provided by tile

customer

(f)

a supply by sale on commission;

(g)

a supplyon sale or retum or similar terms;

(h)

any ot ller supply.

A tax invoice wllicll is required to be provided by a retailer Tu;"'-

need rontain only the following penkulars

( ~)

a Krial number of IlIe transaction;

(b)

Ihe date of the supply;

(c) the name. address and t ile Value Added Tax registration

nu mber of the supplier;

(d) the Valued AddedTax regist ralion number of the person

to wllom tile supply is made;

(e)

a description sufficient 10 identify Ihe goods supplied ;

(f) for each description , IhequantilyoflheJoods. the rate of

tu chargeable therwn. and the price payable expressed in Malte::ie

liri . ineludinl Ihe lax.

(I)

lhe 10lal amount of tu chargeable upress.cd in Maltese

liri

Provided Ihat a fiscal receipt issued by means of a fiscal cash

regisler as defined in Ihe Value Added Tax ( Fiscal Rece ipts)

Regulations 1994. shall be deemed to sati sfy Ihe req uirements of tllis

regulation if it conlains in addition to the particu lars required by tile said

regula tions the machine·printed reg;slTation number of tile person 10

wllom th e relative supply is made ,

Where a taxable person provides an invoice containing the

particulaR prescribed in regulation 4 Or regulation 6 of these regulations

and specifies thereon any goods or services which are subjed of an

e.empl ",Ippiy, he shaU distinguish on the invoice Ixtween exempt

5uppUes and !Ruble ",pplies and shaU distinguish exempt supplies

referred 10 in Ihe First Part of Ihe Second Scl!e<:lule to the Act from other

exempt supplies.

I . In the.:.se ofl supply of services lowhich section LOofthc An

refers, the perlOn who is deemed to make that suppl)' in tenns of the ~id

section shall indicate the words Msc lf_reversc charile'" in lieu of the

infonnation required by p;u~8I"aph (d) (If regulatioll 4 (If these

regulations.

Tu _ _

A tu invoice illSucd by or to a taxable perlOn who has lIot ye t

been registered undcrlhe Act shall , in lieu ofthe registration lIumberof

that person -

(.)

contain the words Moot registered yet": and

(b) indicate the identity .:.rd number of Ihat perliOD. (lr.

where Ihal person is nOI an indillidual, Ihe name and idenlity card

number of its principal occupier or(lf (lne of its principal occupiers.

These regulati(lns shall Ix without prejudice to any provisions

which may be prescribed in special cases.

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